Author: Press Room

In SummaryAs of 2022, the African mobile phone market was valued at around $38.4 billion, with some reports projecting a surge of 24% year-on-year until 2023.With revenues from the mobile phone sector in Nigeria projected to surpass US$10.5 billion by the end of 2025, the country is the biggest mobile phone market in Africa.Despite revealing an official report that the company delivered 151.3 million iPhones in the first 9 months of 2024 alone, Apple is not the most used smartphone brand in Africa.Deep Dive!!The increasing literacy population in Africa is a target for mobile phone manufacturers across the globe, making the continent…

The Chairman of the Pharmaceutical Society of Nigeria, Ekiti State Branch, Martins Alutundu, has lauded the efforts of the National Agency for Food and Drugs Administration to rid the country of fake and substandard drugs and sanitise the drug distribution system. Alutundu, in a statement titled, ‘Ekiti PSN lauds the bold steps of NAFDAC’, made available in Ado Ekiti on Saturday, expressed the body’s support for the NAFDAC Director General, Prof. Mojisola Adeyeye, and her team, describing the fight against fake drugs as a task that must be accomplished. The PSN chairman said, “The effects of fake and counterfeit medicines…

Ademola Lookman is aiming to hit a new personal landmark when Atalanta face Venezia at the Gewiss Stadium this afternoon, Soccernet.ng reports. The Nigeria international will be looking to move past recent disappointments and reclaim his best form in front of the Bergamo faithful, with just one goal separating him from his all-time scoring record in Europe’s top five leagues. Lookman’s campaign hit a rough patch after his costly penalty miss in Atalanta’s UEFA Champions League clash against Club Brugge eleven days ago. The miss sparked speculation about tensions with manager Gian Piero Gasperini, after he was publicly ridiculed despite…

The federal government is seeking $81 billion in compensation from Binance Holdings Limited over alleged economic losses linked to its operations in Nigeria. According to Nairametrics, the federal government claimed that Binance deliberately operated in secrecy despite having a significant economic presence in Nigeria. The suit, marked FHC/ABJ/CS/1444/2024, was brought before Inyang Ekwo of the federal high court in Abuja on February 11. The federal government alleged that the company violated several financial and tax regulations, including the Companies Income Tax Act, the Federal Inland Revenue Service (Establishment) Act 2007, the Central Bank of Nigeria’s Regulatory Framework for Mobile Money…

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  Adeyinka Adedipe and Janet Ogundepo After just eight months of marriage, a pregnant woman, Success Izekor, has been allegedly killed by her husband, Kelvin. Her elder sister, Ugiagbe Iziegbe, revealed this in an interview with Saturday PUNCH, demanding justice for Success and her unborn child. She described her sister as a “very lively and lovely” who “did not like getting involved in any trouble. She was always quick to apologise if she had issues with anyone, whether she was the one at fault or not. She never argued or did anything that would bring disgrace to her. She was very…

House of the Dragon’s “The Red Sowing” is an episode that unfurls like a tempest, gathering momentum with each passing scene. It’s a chapter marked by strategic maneuvering, growing tensions, and a haunting sense of impending doom. The episode deftly weaves together multiple plotlines, building towards a cataclysmic climax that leaves viewers breathless. The dynamic between Rhaenyra and Alicent continues to be the emotional core of the series. Rhaenyra’s calculated moves, particularly in securing the allegiance of dragonriders, reveal a growing ruthlessness. Alicent, meanwhile, is a woman isolated and increasingly desperate, her actions driven by fear and a desire to…

Ukrainian teenage sensation Oleksandr Dragan has heaped praise on Africa’s reigning Footballer of the Year Ademola Lookman, describing the Nigerian forward as a role model and mentor at Atalanta, Soccernet.ng reports. Dragan and Lookman both joined the Italian club in the summer of 2022, but their arrivals followed different trajectories. While Lookman went straight into Gian Piero Gasperini’s first team, the Ukrainian was integrated into Atalanta’s youth setup. Nigeria Super Eagles and Atalanta winger Ademola Lookman. Photo by IMAGO READ MORE  Despite their contrasting paths, both players have enjoyed steady progress in Bergamo. Dragan’s impressive rise has seen him climb…

An Islamic group under the aegis of the Supreme Council for Shari’ah in Nigeria, the Oyo State chapter has set plans to unveil a Sharia court in the state and its environs. The group, in a flier that went viral on Tuesday, invited guests from across the country to the court’s inauguration ceremony, which will be held on January 11, 2025, at the Muslim Community Islamic Centre, Oba Adeyemi High School Road, Mobolaje Area, Oyo. The flier also listed Bashorun of Oyo land, High Chief Yusuf Akinade Olayinka 1 as Royal father of the day; Mufairu of Oyo land, Alhaji…

The Lagos State Police Command has arrested at least 35 traffic robbery suspects in a series of operations conducted within a week, spanning areas from Ajah to Elemoro. Confirming the arrests on Saturday, the command’s spokesperson, CSP Benjamin Hundeyin, stated that the suspects were apprehended during different tactical operations in the Ajah area. Among those arrested on February 24 are Alao Oluwafemi, Adeshina Akinrinde, Udoh John, Afolabi Kola, Daniel Augustine, Olalekan Qudus, Shittu Lanre, and Azeez Olalekan. Others picked up within the same week include Olayemi Moses, Oriyomi Ojo, Ismail Mubarak, Alabi Ibrahim, Bashir Umar, Nasiru Muhammed, Ashiru Sanni, Babalola…